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‘I was emotional’, says Christina Chang on ‘Heated Rivalry’ scene | The Express Tribune

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christina chang photo file

She describes Hudson Williams and Connor Storrie as ‘like my sons on set, but also my friends off set’

Christina Chang. Photo: file

Christina Chang, who stars as Yuna Hollander in the hit queer hockey drama Heated Rivalry, opened up about filming one of the series’ most powerful moments — the emotional confrontation between her character and her son, Shane, played by Hudson Williams. The Season 1 finale scene received praise for its raw emotion and authenticity, and Chang revealed that the experience deeply affected her.

Reflecting on the scene, Chang said, “When I read the scene, I was emotional, and then ever since then, I have been emotional.” She described how the script was revised on the day of filming by series creator Jacob Tierney to make the dialogue feel more natural and intimate.

“Initially, the scene was written differently, and then on the day, Jacob decided to write it differently. That’s what I mean when I say Jacob is so bright, but also really intuitive,” she said. “So he whittled the scene down… It’s better, because it’s the way we would say these things to one another.”

Drawing from her own experience as a mother, Chang shared, “I’m also a mom in real life, which helps. I can think of times when I have felt as a parent… like, Have I ruined her? What am I not aware of? What do I not know?”

Hudson Williams has also spoken about the significance of the scene, calling it “the scene that ruined me the most when I read the script.” He noted that the moment wasn’t in the original book but felt like the perfect wrap-up to Shane’s character arc with his mother.

Actor Sebastian Chacon’s sexual assault case officially closed | The Express Tribune

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sebastian chacon photo file

‘Daisy Jones and the Six’ actor terms it a ‘tremendously painful and costly experience’ that upended his life

Sebastian Chacon. Photo: file

The civil sexual assault lawsuit filed against actor Sebastian Chacon, known for his role as drummer Warren Rojas on the Amazon series Daisy Jones & the Six, has been officially closed in New York, a development that comes more than two years after the allegations first surfaced.

Chacon’s case was discontinued “with prejudice” by the Supreme Court of the State of New York in December 2025, meaning the lawsuit can no longer be refiled. Attorneys for both Chacon and the plaintiffs signed a stipulation of discontinuance, ending the civil action that had been filed in November 2023 under the Adult Survivors Act.

In a statement released through his representative, Chacon described the ordeal as deeply difficult and emphasised that he never admitted to any wrongdoing. “This was a tremendously painful and costly experience that upended my life and my family’s,” he said.

“There was never any criminal case, I never admitted to any wrongdoing, and the matter is now permanently closed.” He added that the legal process taught him how damaging civil litigation can be, and said, “My heart goes out to anyone navigating a situation like this. I’m focused on moving forward and rebuilding my life and work.”

The lawsuit initially alleged sexual, emotional and physical abuse by multiple plaintiffs, including one claim involving an incident when a plaintiff was under age 18. At the time the suit was filed, Chacon lost representation with his talent agency and was removed from an upcoming film project.

Chacon first rose to prominence playing Warren Rojas on Daisy Jones & the Six, which tells the story of a fictional 1970s rock band and was adapted from Taylor Jenkins Reid’s best?selling novel. His other credits include appearances on series such as Pose, Mr. Robot and Penny Dreadful: City of Angels.

With the lawsuit now closed, Chacon has expressed a desire to move past the controversy as he looks to rebuild both his personal life and professional career.

Chacon began his acting career in 2014, making his short film debut in Rolling as Stephen. He made his first appearance on television, playing Ken in the political drama series Madam Secretary in the episode “Higher Learning”.

In 2017, Chacon made his feature film debut in the crime film Contents Under Pressure, where he played the lead role of Andre. On the same year, he made his television film debut in Crash & Burn as JR Lopez. In 2018, Chacon appeared as a Puzzlemania Clerk in a drama film Puzzle.

Rockstar launches official marketplace for GTA Online mods | The Express Tribune

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rockstar launches official marketplace for gta online mods

It unveils ‘Cfx Marketplace’ which allows verified modders to sell premium mods and tools

Rockstar Games has officially launched the Cfx Marketplace, a new digital storefront designed to let verified creators sell premium mods and add-ons for GTA Online servers.

Announced on January 13, 2026, the platform marks a major shift in how user-generated content is monetized within the Grand Theft Auto ecosystem.

The marketplace is operated in partnership with Cfx.re, the team behind popular roleplay platforms FiveM and RedM, which Rockstar acquired in 2023. Described as a “curated digital storefront,” the Cfx Marketplace allows approved modders to distribute authenticated content while earning real revenue from their creations. Rockstar positions the service as the official modding UGC marketplace for GTA Online custom servers.

Server hosts can purchase a wide range of assets, including maps, vehicles, activities, and gameplay systems, reducing the need to build complex features from scratch. One example includes a fully functional ATM system that allows players to hack, drill, destroy, or even tow machines away, priced at $37.99 USD. More expansive activity bundles — featuring options such as bowling and bungee jumping — are listed for as much as $428.99 USD.

Some offerings also operate on a subscription model. A lore-friendly emergency services package, complete with vehicles and uniforms, is available for $32.99 per month. While certain items are free, premium pricing dominates much of the current catalog, with creators receiving an undisclosed share of each sale.

Rockstar has labeled the rollout an “initial launch,” signaling plans to expand the marketplace further. However, questions remain about how the platform will affect GTA Online’s future as anticipation builds for GTA 6. Similar paid mod marketplaces from other publishers have faced community backlash, making player reception a key factor in the platform’s long-term success.

HBO releases ‘Euphoria’ season 3 trailer | The Express Tribune

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Zendaya, Sydney Sweeney, Jacob Elordi return with new storylines in the acclaimed series

HBO has released the first trailer for Euphoria Season 3, ahead of its April 12, 2026, premiere on HBO and HBO Max.

The highly anticipated season sees the return of main cast members Zendaya, Sydney Sweeney, Jacob Elordi, Hunter Schafer, Eric Dane, Alexa Demie, Maude Apatow, Martha Kelly, Chloe Cherry, Colman Domingo, and Dominic Fike. Notably, Barbie Ferreira, Storm Reid, Javon “Wanna” Walton, and Austin Abrams will not be returning, while the late Angus Cloud, who played Fezco, passed away in July 2023 at the age of 25.

Set five years after the events of Season 2, Season 3 follows the characters after high school. Rue (Zendaya) is living in Mexico while working off her debt to drug dealer Laurie, and Cassie and Nate are married and settled in the suburbs. Jules (Schafer) is attending art school, and Maddy is working at a Hollywood talent agency. The season promises to explore darker storylines, including Rue’s ongoing struggles, Cassie navigating her adult life, and Nate’s continued involvement in complex personal conflicts.

Season 3 also introduces a host of new cast members, including Sharon Stone, Rosalía, Trisha Paytas, Natasha Lyonne, Danielle Deadwyler, Eli Roth, and Marshawn Lynch, along with Adewale Akinnuoye-Agbaje, Toby Wallace, Darrell Britt-Gibson, and others. The trailer highlights intense drama, high-stakes relationships, and evolving character arcs, reflecting Euphoria’s signature mix of emotional storytelling, teen angst, and social commentary.

With the release of the Season 3 trailer, fan excitement has surged across social media platforms. Viewers can expect the same visually striking cinematography and mature themes that made Euphoria a critical and cultural phenomenon. The season promises to deepen character journeys while addressing new challenges as the story moves into post-high school adulthood.

Euphoria’s executive producers include Levinson, Canadian rapper and singer Drake, Zendaya, Ron Leshem, and Gary Lennon. The series is both set and filmed in California; filming locations include Ulysses S. Grant High School in Los Angeles and Sony Pictures Studios in Culver City. The series has received generally positive reviews, with praise for its cinematography, score, performances of the cast, and approach to its mature subject matter. Some critics found the nudity and sexual content excessive due to the high school setting and its teenage characters. It is the fourth most-watched HBO series since 2004, behind Game of Thrones, The Last of Us, and House of the Dragon. The show additionally shares the same universe as Levinson’s 2023 television series The Idol.

The first season of Euphoria premiered on June 16, 2019, and concluded on August 4, consisting of eight episodes. Two one-hour specials were broadcast in December 2020 and January 2021. The eight-episode second season premiered on January 9, 2022, and concluded on February 27. That month, the series was renewed for a third season.

The third season was initially expected to enter production in December 2023, but was halted due to the 2023 Hollywood labor disputes and the unexpected deaths of Angus Cloud and executive producer Kevin Turen.

Filming for the third season ultimately began in February 2025 and wrapped later that November. It is set to premiere on April 12, 2026 and will be set away from the high school setting of the first two seasons.

Bruno Mars announces massive 2026 world tour | The Express Tribune

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It will include his latest ‘The Romantic’ album and comes after the release of his first solo performance in a decade

Bruno Mars is officially returning to the global stage with the announcement of his 2026 world tour, titled The Romantic Tour, marking his first major solo tour in nearly a decade. The Grammy-winning artist revealed the news in early January, confirming that the tour will follow the release of his highly anticipated new album, The Romantic, scheduled to drop on February 27, 2026.

The tour is set to kick off on April 10, 2026, in Las Vegas before traveling across major North American cities, including Atlanta, Chicago, New York, Los Angeles, Miami, and Vancouver. Mars will then take the production overseas for a large-scale European leg, with confirmed performances in Paris, Berlin, Amsterdam, Madrid, Milan, and London. Two shows at London’s Wembley Stadium in July are among the most anticipated dates, marking his first UK performances since 2017.

Ticket demand has been high since presale registration opened, with prices varying widely by city and venue. In the US, tickets reportedly range from around $120 to over $300, while European shows — particularly stadium dates — have reached premium pricing levels, including VIP and hospitality packages.

Adding to the excitement, The Romantic Tour will feature a rotating lineup of acclaimed supporting acts, including Anderson .Paak (as DJ Pee .Wee), Victoria Monét, Leon Thomas III, and RAYE. Select dates will feature special guest performances tailored to each region.

The tour coincides with a major creative comeback for Mars, whose last solo studio album, 24K Magic, was released in 2016. His recent collaborations, including work with Silk Sonic and BLACKPINK’s Rosé, have kept him in the spotlight, but 2026 marks a full return to solo artistry. With over 40 shows planned and more dates expected, The Romantic Tour is shaping up to be one of the biggest live music events of 2026.

Mars established his name in the music industry as a songwriter and co-founder of the production team the Smeezingtons. He rose to fame as a recording artist after featuring on the US number-one single “Nothin’ on You” (2009) by B.o.B. Mars’s first three studio albums — Doo-Wops & Hooligans (2010), Unorthodox Jukebox (2012), and 24K Magic (2016) — found critical and commercial success, with the lattermost winning the Grammy Award for Album of the Year. The albums spawned multiple international hit singles, including “Just the Way You Are”, “Grenade”, “The Lazy Song”, “Locked Out of Heaven”, “When I Was Your Man”, “Treasure”, “24K Magic”, “That’s What I Like”, and “Finesse”. He also featured on Mark Ronson’s 2014 single “Uptown Funk”, which became Billboard’s best-performing song of the 2010s.

Mars’s success continued throughout the 2020s. In 2021, he formed the musical superduo Silk Sonic with Anderson .Paak, and they released the 1970s R&B-inspired album An Evening with Silk Sonic, which contained the US number-one single “Leave the Door Open”. Mars’s 2024 chart-topping duets “Die with a Smile” with Lady Gaga and “APT.” with Rosé spent a total of 30 weeks atop the Billboard Global 200, making him the longest-reigning act since the chart’s inception in 2020. He is set to release his fourth solo studio album The Romantic (2026), led by the single “I Just Might”.

Mars has sold over 226 million records worldwide, making him one of the best-selling music artists of all time. He has nine Billboard Hot 100 number-one singles and his 24K Magic World Tour (2017-2018) ranks among the highest-grossing tours in history. Mars’s accolades include 16 Grammy Awards, 14 American Music Awards, 4 Brit Awards, 14 Soul Train Awards, and 8 Guinness World Records. He has been featured on Billboard’s Greatest of All Time Artists (2019), as well as the Time 100 and Forbes Celebrity 100 lists. Mars was the first artist with six RIAA diamond-certified songs and nine MC diamond-certified songs. He is the first to surpass 150 million monthly listeners on Spotify.

RBI proposes changes to banks’ forex positions – The Times of India

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RBI proposes changes to banks' forex positions - The Times of India

The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a comprehensive review of the existing instructions, according to an official statement. NOP refers to the difference between banks’ total foreign currency assets and liabilities, revealing their exposure to currency fluctuations or exchange rate risk. The proposed guidelines are more closely aligned with the Basel Committee on Banking Supervision (BCBS) standards, the RBI said. The RBI will also ensure a consistent implementation across regulated entities, it said. Revisions include eliminating the separate offshore/onshore NOP calculation and including accumulated surplus from overseas operations in NOP. Maintenance of the forex risk capital charge on the actual NOP and modifying the Shorthand method for calculation of NOP in alignment with Basel guidelines, which treats open position in gold separately, has also been proposed, it said. There is also a provision to exempt certain structural forex positions from NOP, the central bank added.

Iran protests instigated by Israel to distract from Gaza ‘genocide,’ Columbia professor claims

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Iran protests instigated by Israel to distract from Gaza 'genocide,' Columbia professor claims

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An Iranian studies professor at an Ivy League university slammed Israel’s alleged participation in protests in Iran, which have turned violent as the country’s dictatorial regime fights back.

“What you are seeing today is Israel instigated revolt, because there are Mossad agents in the streets of Tehran hiding among Iranian demonstrators,” said Columbia University professor Hamid Dabashi in an interview with Al Jazeera.

Dabashi pointed to a recent X post by former CIA director Mike Pompeo, in which Pompeo referenced Mossad agents among the protesters.

Columbia University professor Hamid Dabashi delivers a lecture at the University of California, Davis on Oct. 28, 2014. (University of California, Davis)

“The Iranian regime is in trouble. Bringing in mercenaries is its last best hope,” Pompeo said in a Jan. 2 post. “Riots in dozens of cities and the Basij under siege — Mashed, Tehran, Zahedan. Next stop: Baluchistan. 47 years of this regime; POTUS 47. Coincidence? Happy New Year to every Iranian in the streets. Also to every Mossad agent walking beside them…”

ISRAELI COLUMBIA PROFESSOR LEAVES SCHOOL OVER FAILURE TO ADDRESS ANTI-ISRAEL PROTESTS

“In addition, over the last few days we have seen Israeli flags in Tehran among the protesters,” said Dabashi. “What is the Israeli flag doing in Iran?”

“So, when we study — when we look at the events unfolding in Iran, we have to be very careful making a distinction between a legitimate protest of Iranians against their government because of the economic crisis, and the imbalance between [the] Rial and dollar, and illegitimate Israel-instigated protests for their own nefarious reasons.”

Dabashi finished by claiming that Israel is influencing the protests to “distract attention from the ongoing genocide of Palestinians in Gaza, and the continued theft of Palestinian territories in the West Bank.

Protesters in Iran

People gather during a protest on January 8, 2026, in Tehran, Iran. Demonstrations have been ongoing since December, triggered by soaring inflation and the collapse of the rial, and have expanded into broader demands for political change.  (Anonymous/Getty Images)

“Professor Dabashi, like all members of the Columbia community, is entitled to express personal views, including those with which others may strongly disagree,” a university spokesman told Fox News Digital. “The opinions he has expressed are his own and do not represent Columbia.”

Dabashi did not return a request for comment. 

MAMDANI PLEDGED TO FIGHT FOR ALL BUT SCRAPPED ORDER JEWISH STUDENTS SAY PROTECTED THEM

Columbia has been dogged by accusations of antisemitism, and was home to some of the most virulent anti-Israel protests and encampments during the two-year war stemming from Hamas’ 2023 terrorist attack on Israeli concertgoers.

In July, President Donald Trump secured a $21 million settlement with the New York school specifically to settle claims of antisemitic employment discrimination against Jewish faculty after the Oct. 7, 2023. Overall, the school forked over a total of $221 million amid a flurry of other federal investigations.

Pro-Palestine protestors gather outside of Columbia University.

People attend a vigil and protest for Palestine outside of Columbia University on October 7, 2025 in New York City. (Adam Gray/Getty Images)

The school established an antisemitism task force to tackle the allegations, culminating in a December report. 

“In the course of its work, the Task Force has heard of the isolation and pain many Jewish and Israeli Columbia affiliates have experienced in recent months,” the report said. “While mourning Hamas’s unspeakable atrocities on October 7, some Jewish and Israeli Columbia affiliates have been the object of racist epithets and graffiti, antisemitic tropes, and confrontational and unwelcome questions, while others have found their participation in some student groups that have nothing to do with politics to be increasingly uncomfortable.”

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In a message announcing the release of the report, Columbia’s acting president, Claire Shipman, said the school is balancing academic freedom of expression and preventing discrimination. 

Fox News’ Jasmine Baehr contributed to this report.

FCC cracks down on robocall reporting violations

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FCC cracks down on robocall reporting violations

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If you are tired of scam calls slipping through the cracks, federal regulators just took a meaningful step. The Federal Communications Commission finalized new penalties aimed at telecom companies that submit false, inaccurate or late information to a key anti-robocall system. The changes go into effect Feb. 5. They strengthen oversight of the Robocall Mitigation Database, which plays a central role in tracking spoofed calls and holding providers accountable.

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What changed and why it matters

Under the new rules, voice service providers must recertify every year that their filings in the Robocall Mitigation Database are accurate and current. The FCC will now back that requirement with real financial consequences.

The FCC is cracking down on robocalls by tightening rules that govern how telecom providers verify and report call traffic. (iStock)

FCC SCRUBS OWN REFERENCE TO ‘INDEPENDENT’ AGENCY FROM WEBSITE AFTER DEM’S TESTY EXCHANGE WITH CHAIRMAN

Here is what the commission approved:

  • $10,000 fines for submitting false or inaccurate information
  • $1,000 fines for each database entry not updated within 10 business days
  • Annual recertification of all provider filings
  • The FCC also adopted a $100 filing fee for initial Robocall Mitigation Database submissions and for required annual recertifications.
  • Two-factor authentication to protect database access
  • A $100 application fee for initial filings and annual recertifications

The FCC also made clear that these violations are considered ongoing until corrected, meaning fines can accrue on a daily basis rather than being treated as one-time penalties.

According to the FCC, many past submissions failed basic standards. Some lacked accurate contact details. Others included robocall mitigation plans that did not describe any real mitigation practices at all.

How the Robocall Mitigation Database works

The Robocall Mitigation Database requires providers to verify and certify the identities of callers that use their networks. Regulators and law enforcement rely on it to trace spoofed calls and illegal robocall campaigns. That task is harder than it sounds. America’s telecom system is vast and fragmented. Calls often pass through multiple networks owned by major carriers like Verizon and AT&T, as well as smaller regional providers and VoIP services. When calls hop between networks, verification can be missed or ignored. For years, the FCC did not closely verify or enforce the accuracy of these filings. That gap raised serious concerns.

Under the updated rules, providers that fail to recertify or correct deficient filings can be referred to enforcement and removed from the database, which can prevent other carriers from carrying their calls at all.

Why inaccurate robocall data hurts consumers

When robocall filings are wrong or outdated, scam calls are more likely to reach your phone. Providers may treat a call as trusted even when it should raise red flags. That gives robocallers more time to operate and makes it harder for regulators to shut them down quickly. The FCC says stronger penalties and tighter oversight are meant to close that gap before consumers pay the price.

Person typing on cellphone

New FCC penalties target inaccurate robocall filings that have allowed scam calls to slip through carrier networks.   (Kurt “CyberGuy” Knutsson)

Pushback and pressure on the FCC

When the FCC proposed penalties, it asked whether violations should be treated as minor paperwork mistakes or as serious misrepresentations. Telecom trade groups pushed back. They argued that fines should not apply unless providers first get a chance to fix errors or unless the FCC proves the filings were willfully inaccurate. 

State attorneys general and the robocall monitoring platform ZipDX urged a tougher stance. They warned that false filings undermine every effort to stop illegal robocalls. The FCC ultimately chose a middle path. It rejected treating violations as harmless paperwork errors. At the same time, it stopped short of imposing the maximum penalties allowed by law.

What this means to you

For everyday consumers, this move matters more than it may seem. Accurate robocall reporting makes it easier to trace scam calls, shut down bad actors and prevent spoofed numbers from reaching your phone. Stronger penalties give telecoms a reason to take these filings seriously instead of treating them as routine compliance chores. 

11 EASY WAYS TO PROTECT YOUR ONLINE PRIVACY IN 2025

The FCC also set a firm annual deadline. Providers must recertify their robocall mitigation filings each year by March 1, creating a predictable enforcement checkpoint. While this will not end robocalls overnight, it tightens a weak link that scammers have exploited for years.

Simple steps you can take right now to reduce robocalls

Even with tougher FCC enforcement, scam calls will not disappear overnight. Here are a few smart steps you can take today to reduce your risk.

  • Do not answer unknown calls. If it is important, a legitimate caller will leave a voicemail.
  • Never press buttons or say yes to robocall prompts. That confirms your number is active and can trigger more scam calls.
  • Report scam calls to your carrier. Most major carriers let you report robocalls directly through their call log or app.
  • Register your number with the National Do Not Call Registry at donotcall.gov/. It will not stop scammers, but it can reduce legitimate telemarketing calls.
  • Block repeat offenders. If the same number keeps calling, block it so your phone stops ringing altogether.
  • Be cautious with callback numbers. Scammers often spoof local area codes to look familiar.

The FCC says accurate robocall reporting by telecoms helps carriers identify and shut down scam traffic faster, but consumer habits still matter.

Pro tip: remove your personal data at the source

Robocalls do not come out of nowhere. Many start with your personal information being sold or shared by data brokers. These companies collect phone numbers, addresses, emails and even family details from public records, apps, purchases and online activity. Scammers and shady marketers buy that data to build call lists. Removing your data from data broker sites can reduce the number of robocalls you receive over time. You can try to do this manually by finding individual data broker websites and submitting removal requests one by one. The process is time-consuming and often needs to be repeated.

Some people choose to use a data removal service to automate this process and continuously monitor for re-posting. That can help limit how often your phone number circulates among marketers and scammers. Less exposed data means fewer opportunities for robocallers to target you. Cutting off robocalls often starts long before your phone rings.

Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting Cyberguy.com.

Get a free scan to find out if your personal information is already out on the web: Cyberguy.com.

Take my quiz: How safe is your online security?

Think your devices and data are truly protected? Take this quick quiz to see where your digital habits stand. From passwords to Wi-Fi settings, you’ll get a personalized breakdown of what you’re doing right and what needs improvement. Take my Quiz here: Cyberguy.com     

A man talking on his iPhone in the car

By strengthening oversight and accountability, the FCC aims to shut down illegal robocalls before they ever reach your phone. (Kurt “CyberGuy” Knutsson)

Kurt’s key takeaways

Robocalls thrive when accountability breaks down. By adding meaningful fines, stronger security, annual recertification and filing fees, the FCC is signaling that accuracy is no longer optional. Because penalties can continue to build until problems are fixed, telecoms now face real consequences for ignoring or delaying corrections. This rule forces providers to own their role in stopping illegal calls instead of passing the blame along the network chain. Real progress will depend on enforcement, but this is one of the clearest signs yet that regulators are closing gaps scammers rely on.

Do you think stricter penalties will finally push telecoms to take robocall prevention seriously, or will scammers just find the next loophole? Let us know by writing to us at Cyberguy.com.

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Citigroup tops estimates on stronger net interest income, smaller loan loss provision

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Citigroup tops estimates on stronger net interest income, smaller loan loss provision

Citigroup on Wednesday posted fourth-quarter results that topped expectations as the lender reaped more interest income and set aside less money for troubled loans than analysts had expected.

Here’s what the company reported:

  • Adjusted earnings: $1.81 per share vs. $1.67 expected, according to LSEG
  • Adjusted revenue: $21.0 billion vs. $20.72 billion expected

Citigroup said net income fell 13% from the year-earlier period to $2.47 billion, or $1.19 per share, because of a $1.1 billion after-tax loss tied its plan to divest Citigroup’s Russian operations.

Excluding the charge, profit was $3.6 billion, or $1.81 per share.

Revenue excluding the Russia-related charge rose 8% to $21.0 billion on increases in banking, wealth and institutional services results.

Net interest income, which is the difference in what a bank earns on loans and investments and what it pays depositors, rose 14% to $15.67 billion, or roughly $815 million more than the StreetAccount estimate.

The bank’s loan loss provision in the quarter was $2.2 billion, about $330 million below expectations.

At Citigroup and rival firms including Bank of America, lower-than-expected loan loss provisions may signal optimism about the economy and the ability of borrowers to repay their debts.

“With record revenues and positive operating leverage for each of our five businesses, 2025 was a year of significant progress as we demonstrated that the investments we are making are driving strong top-line growth,” CEO Jane Fraser said in the earnings release.

“We enter 2026 with visible momentum across the firm,” Fraser said.

The company is “committed” to reaching its returns target of at least 10% for 2026 and positioning the bank for “improved returns above that level in the years ahead,” she added.

Shares of the bank fell more than 4% in afternoon trading.

Under Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations, while also benefiting from U.S. banking deregulation. Those are the reasons Wells Fargo banking analyst Mike Mayo calls Citigroup his top pick among bank stocks.

Analysts will be keen to hear whether Fraser sees momentum from last year carrying over into 2026.

On Tuesday, JPMorgan Chase posted results that exceeded expectations on better-than-expected trading revenue. Bank of America and Wells Fargo also released Q4 results Wednesday, while Goldman Sachs and Morgan Stanley are scheduled for Thursday.

This story is developing. Please check back for updates.

Budget 2026 Expectations: Real Estate Players Want Govt-Backed Subvention, Norms For Net-Zero Emissions

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Budget 2026 Expectations: Real Estate Players Want Govt-Backed Subvention, Norms For Net-Zero Emissions

India has set a target to reduce the emissions intensity of GDP by 45% by 2030 (from 2005 levels), and in 2021, India announced a long-term goal to achieve Net Zero emissions by 2070. As far as the real estate ad building sector in India, it contributes over 35% of India’s total GHG emissions, driven by building operations and construction materials like cement and steel. Amid increasing demand for green buildings in India, ahead of the Budget 2026, real estate stakeholders have outlined the steps required for developers to reach the net-zero stage.

Dhaval Ajmera, Director, Corporate Affairs, Ajmera Group, said that the real estate sector has emerged as one of the major contributors to economic growth. “In order to keep the momentum rolling and further pick up the pace, we expect the ministry to announce policy reforms and remedial measures in the upcoming budget that will benefit the buyers and developers alike. The need of the hour is to truly accelerate India’s transition to Net Zero. In relation to this, we urge the Ministry to introduce an Interest Subvention Scheme – specifically for Green-Rated Real Estate Debt. While developers are keen to build sustainable, IGBC/LEED-certified projects, the sky-high cost of capital remains a major barrier. As a remedial measure, a government-backed subvention of 200-300 basis points on Green Bonds would directly reduce the borrowing costs, making green projects financially viable rather than just aspirational,” he said.

Pankaj Jain, Founder and CMD, SPJ Group, said that the current share of buildings at 37 percent of global GHG emissions and more than one-third of global energy consumption makes real estate a game-changer. “Real estate developers must transition from marginal upgrading to an overall lifecycle approach. They should prefer using low-carbon materials, renewable materials,  conserve water and adopt a performance monitoring approach. It will enable structures to create measurable gains in operating performance. At the same time, it is vital that the government establishes norms and provides economic momentum. It must also enforce net-zero building regulations, provide time-bound targets and provide tax & FAR concessions to net-zero real estate projects. In short, a net-zero transition in India will be accelerated only if regulations, investments and momentum converge.”

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Rajat Bokolia, CEO, Newstone, said that to accelerate India’s transition to Net Zero, especially in a high-growth market like Delhi-NCR, developers and the government must work in tandem. “Developers should prioritise green building certifications, adopt energy-efficient construction, renewable energy integration, and sustainable materials at scale. At the same time, the government must incentivise green developments through faster approvals, tax benefits, and viability support for clean technologies,” said Bokolia.

Experts noted that strengthening green financing, mandating ESG compliance, and promoting transit-oriented development will be critical for the goal.